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Next round of exchange cleanup, featuring OKEx and 38 delisted pairs

There seems to be a growing trend between exchanges that includes the delisting of tokens that were launched in the last year’s ICO craze. The last time we reported on KuCoin’s actions, where we also speculated on some of the possible reasons, but now OKEx is up next with a huge cleanup.

While KuCoin didn’t directly point out the reasons for the delists, OKEx clearly stated that the affected trading pairs offer weak liquidity and trading volume thus resulting in their cancellation.

The complete list of token pairs that will be disabled today:

Ticker

Name of project

Affected trading pair(s)

1ST

FirstBlood

USDT

AMM

Micromoney

USDT

ATL

ATLANT

ETH

AVT

Aventus

BTC

BRD

Bread

ETH

CAG

Change

USDT

CBT

CommerceBlock

BTC

CIT

Carinet

BTC, ETH, OKB

DAT

Datum

BTC, ETH, USDT

DENT

DENT

BTC, ETH, USDT

DNA

EncrypGen

USDT

DNT

district0x

USDT

EVX

Everex

ETH

GNX

Genaro Network

USDT

ICN

Iconomi

USDT

KEY

Selfkey

USDT

LA

LAToken

ETH

LEV

Leverj

BTC, ETH, USDT

MAG

Maggie

USDT

MTL

Metal

BTC, ETH

MVP

Merculet

BTC

NGC

NAGA

BTC

OAX

OAX

USDT

OST

Simple Token

BTC

QVT

Qvolta

USDT

RDN

Raiden Network Token

BTC

REN

Republic Protocol

ETH, USDT

REQ

Request Network

ETH

RNT

OneRoot Network

BTC

SAN

Santiment Network Token

USDT

SHOW

Show

BTC

SNGLS

SingularDTV

BTC, ETH

SPF

Sportyco

USDT

SUB

SubStratum

BTC

TRA

Travel

USDT

UKG

Unikoin Gold

ETH

VEE

BLOCKv

ETH

WRC

Worldcore

USDT

Some of the tokens mentioned here have a relative high market cap compared to others and are present on other major exchanges as well.Worth mentioning that only a few of the tokens get their BTC pairings delisted as well, which could seal their fate in regards to the major exchange. Some of the tokens that fit these descriptions: SUB, MTL, RDN and DENT.

“We will strictly monitor all listed projects and implement the delisting / hiding mechanism for substandard projects when necessary. Protecting the interest of our users is always the essence of our service. We appreciate your understanding, support, and cooperation in this case.” – stood in OKEx’s announcement.